Summary
The recent Republican debacle on health care could prove to be an opportunity. It highlighted, yet again, the complexity of America's system, which continues to be by far the most expensive and inefficient in the advanced world. But Donald Trump could actually use the legislative collapse to fix health care if he went back to basics and to his core convictions on the topic, which are surprisingly intelligent and consistent.There is an understandable impulse on the right to assume that health care would work more efficiently if it were a free market, or a freer market.
Arrow pointed out, people think they don't need health care until they get sick, and then they need lots of it.
Taiwan has achieved some of the best outcomes in the world while paying only 7 percent of its GDP on health care (compared with 18 percent in the U.S.).
Americans often assume that despite its costs, American health care provides better services than others.
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